Don't preteend to be any accountant, but this what they mean to me so if you want to spread the light you go a head.
Main Entry: ex·pen·di·ture Pronunciation: ik-ˈspen-di-chər, -də-ˌchu̇r, -də-ˌt(y)u̇r Function: noun Etymology: irregular from expend Date: 1769 1 : the act or process of expending 2 : something expended : disbursement, expense
What Does Profit Margin Mean? A ratio of profitability calculated as net income divided by revenues, or net profits divided by sales. It measures how much out of every dollar of sales a company actually keeps in earnings.
Profit margin is very useful when comparing companies in similar industries. A higher profit margin indicates a more profitable company that has better control over its costs compared to its competitors. Profit margin is displayed as a percentage; a 20% profit margin, for example, means the company has a net income of $0.20 for each dollar of sales.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
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